- Rex Minerals (RXM) has completed an Induced Polarisation (IP) geophysical orientation survey at Hog Ranch
- The purpose of the survey was to test if IP can be used as an effective exploration tool in finding gold mineralisation
- Pleasingly, Rex reports it did identify anomalies which correlate with known high-grade gold drill intersections at Hog Ranch
- The company is now planning to use to carry out another larger IP test to define the anomalies
- Shares in RXM have ended the day up 3.85 per cent at 13.5 cents each
Rex Minerals (RXM) has completed an Induced Polarisation (IP) geophysical orientation survey at its Hog Ranch Gold Property.
The purpose of the survey was to test if IP can be used as an effective exploration tool in finding gold mineralisation.
Read the full article on The Market Herald here: https://themarketherald.com.au/rex-minerals-asxrxm-successfully-uses-ip-tool-to-find-gold-at-hog-ranch-2020-11-05/
